Stories for August 2026

Sunday, August 16th 2026 - 07:46 UTC
Argentine household arrears reach 17.5% and the government rules out intervening

Arrears on credit to individuals in Argentina reached 17.5% of total lending in June, according to a study by Universidad Austral and the consultancy Eco Go based on central bank data. Javier Milei's government has ruled out intervening and maintains the solution must come from the market.
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Sunday, August 16th 2026 - 07:40 UTC
Colombia asks Washington to suspend 12.5% tariffs over the earthquake emergency

Colombian President Abelardo de la Espriella on Saturday asked his US counterpart, Donald Trump, to temporarily suspend tariffs on Colombian goods, arguing this would give exporters relief as the country faces the economic consequences of Monday's magnitude 7.4 earthquake.
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Saturday, August 15th 2026 - 06:08 UTC
Colombia: De la Espriella calls the situation in Pereira “apocalyptic” after touring the city

Colombian President Abelardo de la Espriella on Friday described the situation in Pereira, capital of Risaralda department and one of the places worst hit by Monday's magnitude 7.4 earthquake in the west and center of the country, as “apocalyptic.”
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Saturday, August 15th 2026 - 05:01 UTC
Rejection of Flávio Bolsonaro exceeds Lula's despite his gains in voting intention

Senator Flávio Bolsonaro registers a 54% rejection rate among Brazilian voters, two points above the 52% recorded by President Luiz Inácio Lula da Silva, according to the Quaest poll released on Friday, two days before campaigning officially opens for the October 4 elections.
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Saturday, August 15th 2026 - 02:44 UTC
Cash Still Rules, But the Economy Also Depends on Digital Transactions. Why Is That?

Walk into any major city in the world today, and you will find two parallel realities operating side by side. In one, people hand over physical currency (coins and notes) to pay for coffee, market produce, or a bus fare.
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Friday, August 14th 2026 - 22:34 UTC
Peru rehearses its response to a magnitude 8.8 quake off Lima and Callao

Peru held the year's second national multi-hazard drill on Friday, an exercise testing evacuation protocols and the response capacity of the public and the authorities to a possible magnitude 8.8 earthquake centered off the central coast of Lima and Callao.
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Friday, August 14th 2026 - 22:20 UTC
Peña says the Milei-Lula crisis has not affected how Mercosur functions

Paraguayan President Santiago Peña said on Friday that the differences between his Argentine and Brazilian counterparts, Javier Milei and Luiz Inácio Lula da Silva, have had no consequences for Mercosur, despite the diplomatic crisis between the two countries.
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Friday, August 14th 2026 - 21:43 UTC
The Falklands Legislative Assembly marks 434 years since the first recorded sighting

The Falkland Islands Legislative Assembly marked Falklands Day on Friday, the anniversary of the first recorded sighting of the archipelago, on August 14, 1592. The day was marked by raising the Falkland Islands flag and the Union flag side by side on Victory Green, in Stanley.
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Friday, August 14th 2026 - 10:43 UTC
A year from the presidential vote, Argentina's parties begin to define alliances

With little more than a year to go before Argentina's presidential elections of October 2027, the governing party and the main opposition force began this week to realign their positions. La Libertad Avanza, the party of President Javier Milei, resumed talks with former president Mauricio Macri's PRO, while the various currents of Peronism agreed a truce aimed at blocking the electoral reform the government is promoting.
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Friday, August 14th 2026 - 08:40 UTC
Argentina restricts access to an Andean plain after damage caused by a pickup truck

Authorities in the Argentine province of San Juan will keep access to Pampa del Leoncito restricted until the end of the month, after a vehicle drove across the white clay plain, located at 1,500 meters above sea level at the foot of the Andes, despite a ban on traffic, leaving ruts up to 25 centimeters deep.
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